Bitcoin is coiled up and ready to continue its price momentum

Bitcoin is coiled up and ready to continue its price momentum, according to a key technical indicator.

Bitcoin’s price momentum is set to continue as its MACD flips positive, according to technical analysis.

This powerful momentum indicator, which tracks the relationship between two moving averages, has flipped from negative to positive for the first time in weeks. Past MACD crossovers in Bitcoin have predicted rallies with an 83% accuracy, according to TradingView data.

While the charts are optimistic, new inflows tell the same story. BlackRock’s Bitcoin ETF led a massive $320 million single-day influx into crypto funds this week, which builds on ongoing institutional inflows into the original cryptocurrency.

However, despite the ETF inflows ramping up the BTC price, retail is securing profits, rotating, and leaving the BTC price relatively intact.

“Despite the pause, momentum remains firm and over 98% of bitcoin wallet addresses are in profit, and open interest stays above $30 billion,” Nexo Dispatch analyst Iliya Kalchev told Yahoo Finance.

Strength of Bitcoin bodes well for altcoins

The strength of Bitcoin not only benefits the cryptocurrency itself, but it also serves as a catalyst for the entire crypto market, particularly since so many Bitcoin wallets are now profitable. That places strong pressure on holders to lock in profits and rotate their cash.

With BTC stabilizing above $100,000 and technical indicators pointing to a continued crypto rally, we’re now entering the phase of the cycle where altcoins typically outperform.

Analysts are aligning on indicators that tend to precede alt seasons, with the first golden cross appearing in some four years.

We’re sitting right under that key resistanceHold here, build some strength… & once it breaks, real #altseason begins pic.twitter.com/PmWMIjjWgC— The Chart (@ChartMasters) April 26, 2024It’s the oldest pattern in crypto. When BTC breaks out, smart money doesn’t just hold—it diversifies into select coins with even bigger upside potential.

So which investments are best placed to benefit? These three projects stand among the best crypto to buy now, ready to deliver gains that Bitcoin just can’t match in its current cycle:

Bitcoin Pepe: Solana speed meets Bitcoin securityBitcoin Pepe is blowing up as the world’s only Bitcoin meme ICO. With listings dropping May 31st—right when Bitcoin looks set to take off—savvy players are stacking up before exchanges start listing BPEP, in what could be the most exciting and profitable token of the year.

What sets Bitcoin Pepe apart from the endless parade of meme tokens? Actual utility. When Bitcoin pumps, network fees skyrocket and transactions crawl—exactly the problems Bitcoin Pepe’s layer 2 tech solves.

The underlying mechanics are smart, with the new PEP-20 token standard doing for Bitcoin what ERC-20 did for Ethereum—unleashing an entire ecosystem on Bitcoin’s tried-and-tested network. Think lightning-fast transactions on crypto’s most trusted foundation.

BPEP’s native bridge will unlock Bitcoin’s $2 trillion war chest for meme trading and DeFi for the first time ever. Imagine combining Bitcoin’s security with transaction speeds that enable high-frequency trading.

Smart investors are already busy securing their ground-floor positions, with rumored tier-1 exchange listings promising to drive up the price once the May 31st launch date hits.

Currently in stage 10 at just $0.0326, and with $8.5m already raised, early investors have a narrow two-week window before the May 31st launch kicks off serious price discovery.

With exchange listing rumors heating up, this could be your last chance to lock in these presale prices.

Solana: Fresh capital inflows signal bullish reversalSolana is looking strong around $170 after touching $184 recently. Money is flowing back into SOL after months of outflows, producing a solid, continuous crypto rally—one of the most impressive of Q2.Above: Solana’s price is very steady, holding at over $170. Source: CoinMarketCap.The $170 support level is holding nicely, and a break above $185 resistance could spark a serious rally toward $200+.The tech that makes Solana special—thousands of transactions per second with near-instant finality—is the same performance level that Bitcoin Pepe aims to bring to Bitcoin’s ecosystem.With Solana’s technical indicators lining up bullishly as it trades above key moving averages, both SOL and BPEP represent smart plays on the high-performance future of crypto.Dogecoin: Ready to ride Bitcoin’s next waveDogecoin remains crypto’s original meme king. Trading above $0.22, DOGE just smashed through a major resistance trendline that had capped its price since March.Above: Dogecoin’s strong rally over the month. Source: CoinMarketCap.When Bitcoin runs, Dogecoin often proves itself one of